EB-5 News & Updates May 04-11
EB5Projects.com Events
| EB-5 Global Monthly News Roundup May 1-30 in Farsi Florida, Miami, US 05/25/2017 2:00PM - 3:00PM (Eastern Daylight Time) Conversation about News & Events in the EB-5 Industry with Analysts, Experts and Newsmakers. Questions can be made by calling: +1-917-421-9919 or by video here with a Chrome browser | Free | |
Posts
 | New Spending Bill Impacts Mexican Wall, Sanctuary Cities And EB-5 Investor Immigration | |
| Congress just reached an agreement to keep the federal government open for the remainder of the year in the form of the “Consolidated Appropriations Act, 2017. From an immigration point of view, three aspects of this bill are... | ||
 | Congress Extends EB-5 Green Card Program Through September | |
| The controversial EB-5 immigration program, a way for wealthy foreigners to obtain green cards through investment in the U.S., will live on for at least another five months thanks to a spending bill the Senate passed on Thursday. The... | ||
 | Welcome to Chinafornia: The Future of U.S.-China Relations | |
| For half a century, the U.S.-China relationship was almost exclusively the purview of political and business elites: Henry Kissinger scheming with an aging Mao Zedong; CEOs salivating over a billion new customers. It was something that... | ||
 | Realtors learn about types of visas for foreign nationals | |
| Silicon Valley is a place where many foreign nationals work and live. With the Trump administration weighing changes to immigration visas, realtors are receiving questions from prospective foreign buyers with plans to work in the region... | ||
 | Family of Trump's son-in-law solicits Chinese funding | |
| White House senior adviser Jared Kushner's family business is courting wealthy Chinese to buy stakes in real estate through a controversial government programme that offers US residency in exchange for investment. Mr Kushner's sister,... | ||
 | Jared Kushner's sister woos China's "golden visa" investors | |
| The sister of President Trump's son-in-law Jared Kushner has been in China courting individual investors with a much-criticized federal visa program that provides a path toward obtaining U.S. green cards. Kushner's sister Nicole Meyer... | ||
 | The Trump administration has a chance to end a corruption-prone visa program | |
| Workers wait for investors during an event promoting EB-5 investment. THE FIRST thing to be said about the weekend’s visa-peddling conference by the Kushner Companies in China is: The administration should take it as an opportunity for... | ||
 | What You Need to Know About EB-5 Visas | |
| What is the EB-5 Visa? The EB-5 program allows entrepreneurs and their families to apply for green cards (permanent residence) if they 1) make the necessary investment in a commercial enterprise in the United States, and 2) plan to... | ||
 | Don't kill the 'golden visa'—expand it | |
| It’s sometimes called the “golden visa,” the obscure immigration program for big investors that burst into the headlines this week in the wake of stories on the family of White House aide Jared Kushner. Last Saturday, Nicole Meyer —... | ||
 | EB-5: What Is the Controversial ‘Golden Visa’ Touted by Kushner Kin? | |
| A controversial visa program that lets wealthy foreign investors earn a fast-track to permanent U.S. residency has come under scrutiny again after reports that Jared Kushner's sister pushed the program in China — while allegedly... | ||
 | What is the EB-5 visa that Kushner tried to pitch to wealthy investors in China? | |
| On Monday, theNew York Timesran a piece from itsEditorial Board titled "The Kushners and Their Golden Visas." According to the Board, the Kushner familyhas been using its proximity to the White House through Ivanka Trump's husband,... | ||
 | Jared Kushner's sister puts EB-5 visas back in the spotlight. Here's what they are | |
| Nicole Kushner Meyer, center, and her husband, Joseph Meyer, look on during a promotional event in Shanghai on Sunday. (Albee Zhang / AFP/Getty Images) The EB-5 federal visa program is back in the spotlight afterJared Kushner’s sister... | ||
 | Kushner Family Stands to Gain From Visa Rules in Trump’s First Major Law | |
| Jared Kushner, the president’s son-in-law, was cited by his sister at a business presentation in China over the weekend.CreditAl Drago/The New York Times It was the first major piece of legislation that President Trumpsigned into law,... | ||
 | In a Beijing ballroom, Kushner family pushes $500,000 ‘investor visa’ to wealthy Chinese | |
| The event was hosted by the Chinese company Qiaowai, which connects U.S. companies with Chinese investors. (Emily Rauhala/The Washington Post) The Kushner family came to the United States as refugees, worked hard and made it big — and... | ||
 | These Are the Top EB-5 Countries Ranked by Number of US Immigrant Visas Issued | |
| China dominates issuance The graph below illustrates the unrivaled dominance of investors from mainland China when it comes to EB-5 visas granted in the US. This also explains why Kushner Companies and many other major developers pitch... | ||
 | The EB-5 Visa Program Is Making Headlines for the Wrong Reasons | |
| EB-5 Visas in the news The EB-5 visa program, sometimes called the “golden ticket” visa, has been in the news again of late due to an ethical dilemma posed by a recent pitch to Chinese investors by the Kushner Companies – related to... | ||
 | San Jose Luxury Towers Offer Great Views, And Green Cards | |
| A Bay Area luxury high-rise is offering great views, and green cards. We’ve learned owners of the towers are luring foreign millionaires with a fast track to citizenship. It’s billed as one of the most luxurious properties in downtown... | ||
 | Inside EB-5, the Cash-for-Visas Program Luxury Developers Love | |
| Back in January, President Donald Trump’s son-in-law, Jared Kushner, resigned from Kushner Companies, his family’s real estate company, in order to avoid conflicts of interest with his new duties as senior White House advisor. When it... | ||
 | Reforms to EB-5 Investment Program Expected Soon | |
| U.S. policy makers are expecting to overhaul EB-5 a lot sooner than its September expiration date. The controversial U.S. immigration program—a visa path for wealthy foreigners—is suddenly in the national spotlight thanks to the family... | ||
Updates
Regional Center Updates | ||
 | Rich Saffas look at US to jump ship | |
| From 2014 to 215 the number of rich South Africans applying for US investment visas more than doubled. Most are considering the benefits and advantages of having an exit plan during economic and politically instability in Zuma country. AFK... | ||
 | Jay Peak Receiver Asks Town Board To Waive $164,159 Tax Penalty | |
| The man running Jay Peak Resort has asked a town board to forgive a tax penalty. The resort missed an October tax payment deadline and a one-time 8 percent late payment penalty was added to the tax bill, totaling $164,159. Michael Goldberg, the... | ||
 | Immigrant Investor Project Gets Rocky Reception From City Council | |
| It’s prime Honolulu real estate. Anchored by bustling big box discount retailers and bordered by the luxe Ala Moana Center, the parcel lies in the shadow of gleaming luxury condo towers not far from Ala Moana Beach Park. It’s one of the most... | ||
 | Sec Seeks To Depose Canadian Executives Over Jay Peak Sale | |
| Federal regulators are asking a U.S. judge to assist them in obtaining the testimony of two top executives at the Canadian company that sold Jay Peak ski resort to a Miami businessman who now faces investor fraud allegations. Robert Levenson, an... | ||
 | Judge asks quebec counterpart to compel testimony on resort | |
| A federal judge has agreed to provide cross-border assistance to regulators as they seek to learn more about the transfer of Jay Peak resort from a Canadian company to a Miami businessman now embroiled in an investor fraud scandal. Judge Darrin... | ||
 | Manchester's Pacific Gateway featured in pitch selling visas to the rich | |
| It's been a decade-long slog for mega-millionaire developer and onetime Union-Tribune publisher Doug Manchester's controversial Navy Broadway complex at the foot of Broadway. Project foes vowed that it would never get built, citing its forbidding... | ||
Firms Updates | ||
 | After Another Last-Minute Extension, Legislators Focus on EB-5 Reform | |
| This week, Congress extended the EB-5 investor visa program in its current form through September 30, 2017, as part of the new government budget deal. After about two years of re-enacting the program as-is, sources say there are now genuine... | ||
 | EB-5 Financing for Development — Update on EB-5 Extension | |
| We are getting a lot of calls from our developer clients and friends asking about the status of the EB-5 Regional Center authorization that was about to sunset on May 5, 2017, along with appropriations for the Federal Government. A “clean... | ||
 | This Week In Securities Litigation | |
| Jay Clayton was confirmed by the Senate this week and sworn in as the new SEC Chairman. This gives the agency three Commissioners, although Commissioner Stein’s term ends in June. If the President does not appoint another Commissioner who is... | ||
 | NES Financial Creates Dedicated Business Units to Serve Rapidly Growing EB-5 and Private Equity Markets | |
| NES Financial, a Silicon Valley FinTech company providing technology-enabled solutions for efficient back and middle office administration of complex financial transactions, announced today that Reid Thomas will be the Executive Vice President... | ||
 | CanAm's Gotham Towers Project Receives I-924 Approval from USCIS | |
| CanAm Enterprises (CanAm) is pleased to announce that the Form I-924 project exemplar application for the Tishman Speyer Gotham Towers project has been approved by the United States Citizenship and Immigration Services (USCIS) on May 2nd, 2017.... | ||
 | EB-5 Visa Program Gets Brief Extension in Federal Budget | |
| The EB-5 investor visa program was extended in the $1.1 trillion spending bill signed Friday to fund the government through the end of the fiscal year. Since 2015 the controversial immigration program has survived through a series of last-minute... | ||
 | Congress Passes Budget and Keeps EB-5 Going | |
| Today - May 3, 2017 a majority of Congress voted to extend the EB-5 Regional Center Program and fund the U.S. Government through September 30, 2017. On Monday May 1, 2017 congressional leadership filed the bi-partisan legislation containing over... | ||
 | IIUSA Elects New Leadership to Board of Directors | |
| Invest in the USA (IIUSA), the non-profit trade association of the EB-5 Regional Center industry, elected a new set of leaders to its Board of Directors at its 12th Annual General Membership Meeting on April 26. In total, four positions were... | ||
 | EB-5 Green Card Investment To Increase Under Regional Centre Program | |
| Davies & Associates, LLC, the market-leading US investor visa firm serving India, announced that on 5 May President Trump signed a bill into law extending the EB-5 Regional Center Program through 30 September 2017. This bill could lead to an... | ||
 | EB-5 Visa Program Faces Calls for Reform Even as it is Extended by Congress | |
| A stopgap funding bill passed by Congress April 28 to provide funds for the US government to continue operating has given the EB-5 investor visa program a new lease on life and set the stage for potential reforms. The decision by Congress to... | ||
User Updates | ||
 | EB-5 Program Extended Until Sept. 30, 2017 | |
| The Omnibus bill that will continue to fund the federal government until Sept. 30, 2017, was passed in both the House of Representatives and the Senate on May 4, 2017, and was signed by the president on May 5, 2017. Of note, the bill continues a... | ||
 | Seth R. Freeman, CIRA, EM Capital Management, quoted in The Real Deal NY, May 9, 2017 on Kushner Family Beijing Presentation and EB-5 Investor Disclosures | |
| Kushner family’s Beijing gaffe exposes EB-5’s fault lines Company’s “incredibly stupid” behavior puts cash-for-green card program back in spotlight Original Article:... | ||
 | Kushner Family Dealings Prompt Call To Reform EB-5 Visa Program | |
| NPR's Robert Siegel talks with Steve Yale-Loehr, professor of immigration law practice at Cornell University, about changes he thinks Congress should make to the EB-5 "investment immigration" program. ROBERT SIEGEL, HOST: More now on the EB-5... | ||
 | Ariel Quiros’s $950K IRS Refund Taken by Receiver | |
| Ariel Quiros, the embattled owner of Jay Peak and Burke Mountain resorts accused of allegedly misappropriating more than $200 million in EB-5 immigrant investor funds in those and other Northeast Kingdom, Vermont economic development projects,... | ||
Project Updates | ||
 | Kushner Visa Stunt Puts Trump in Immigration Hawks’ Crosshairs | |
| Immigration hawks who supported President Trump were not pleased to hear about the Kushner family’s sales pitch in China. Jared Kushner,... | ||
 | Kushner Kin’s China Sales Pitch ‘Corruption, Pure and Simple’: Expert | |
| Kushner's personal attorney also said he wasn't involved in the pitch. White House press secretary Sean Spicer was on the defensive in... | ||
 | 5 things to know about golden ticket EB-5 visas | |
| Sometimes called the “golden ticket” visa, the so-called EB-5 program isn’t new to controversy. The U.S. government program is again... | ||
 | The White House isn’t for sale by Trump insiders | |
| In this March 17, 2017, file photo Ivanka Trump, the daughter of President Donald Trump, and her husband Jared Kushner, senior adviser... | ||
 | Congress must reform the EB-5 cash-for-visas program | |
| One of the first new laws President Trump signed, an appropriations bill, contained a provision renewing the controversial EB-5... | ||
 | Kushner family's Jersey City project controversial even before China scrutiny | |
| It’s been a bad week for Jared Kushner family’s and its hopes for a luxury development in Jersey City. The proposed mixed-use towers at... | ||
 | Caution urged on Kushner project | |
| No guarantee that investment will yield visa: insiders Chinese investors hoping to gain U.S. residency through pumping money into a real... | ||
 | Obama Official, Clinton Allies Also Exploited Visa Program Used By Kushner Companies | |
| A controversial U.S. visa program was the basis of an ethics investigation into a former Obama administration official and Clinton... | ||
Events
 | University of San Diego-Procopio International Business Summit University of San Diego 5998 Alcala Park San Diego, CA 92110, California, US 05/12/2017 9:00AM - 10:00PM (Eastern Daylight Time) You are Invited | Second Annual University of San Diego-Procopio International Business Summit USD-PIBS is created for Latin American executives, investors and advisors interested in learning how to do business in the United States. Mee... | $500 |
| EB-5 Global Monthly News Roundup May 1-30 in Farsi Florida, Miami, US 05/25/2017 2:00PM - 3:00PM (Eastern Daylight Time) Conversation about News & Events in the EB-5 Industry with Analysts, Experts and Newsmakers. Questions can be made by calling: +1-917-421-9919 or by video here with a Chrome browser | Free | |
Questions
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